Budweiser Brewing Company APAC Limited (HKG:1876)
Hong Kong · Delayed Price · Currency is HKD 6.58
-0.47 (-6.67%)
Jul 31, 2026, 4:08 PM HKT
HKG:1876 Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 553 | 489 | 726 | 852 | 913 | 950 |
Depreciation & Amortization | 541 | 556 | 601 | 615 | 638 | 674 |
Other Amortization | 50 | 50 | 46 | 39 | 33 | 38 |
Loss (Gain) From Sale of Assets | -41 | -41 | -43 | -39 | -64 | -34 |
Loss (Gain) on Equity Investments | -38 | -38 | -31 | -28 | -23 | -32 |
Stock-Based Compensation | 58 | 58 | 70 | 61 | 52 | 45 |
Provision & Write-off of Bad Debts | 29 | 29 | 35 | 11 | 17 | 13 |
Other Operating Activities | -29 | 90 | 63 | 163 | -33 | 108 |
Change in Accounts Receivable | -29 | -29 | 76 | -76 | -44 | -55 |
Change in Inventory | 26 | 26 | 25 | 23 | -75 | -53 |
Change in Accounts Payable | -216 | -216 | -335 | 237 | 191 | 283 |
Change in Other Net Operating Assets | 310 | -23 | -99 | -47 | -28 | -34 |
Operating Cash Flow | 1,214 | 951 | 1,134 | 1,811 | 1,577 | 1,903 |
Operating Cash Flow Growth | 3.06% | -16.14% | -37.38% | 14.84% | -17.13% | 46.27% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -296 | -307 | -379 | -498 | -494 | -606 |
Sale of Property, Plant & Equipment | 12 | 12 | 11 | 21 | 68 | 35 |
Cash Acquisitions | -8 | -8 | -24 | -8 | -8 | -123 |
Investment in Securities | -54 | -21 | -17 | 38 | -6 | -37 |
Investing Cash Flow | -346 | -324 | -409 | -447 | -440 | -731 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 120 | 47 | 84 | 19 | - |
Total Debt Issued | 101 | 120 | 47 | 84 | 19 | - |
Long-Term Debt Repaid | - | -80 | -192 | -56 | -67 | -70 |
Net Debt Issued (Repaid) | -8 | 40 | -145 | 28 | -48 | -70 |
Repurchase of Common Stock | - | - | - | -85 | -15 | - |
Common Dividends Paid | -750 | -748 | -698 | -500 | -399 | -374 |
Other Financing Activities | -40 | -30 | -60 | -64 | -38 | -20 |
Financing Cash Flow | -798 | -738 | -903 | -621 | -500 | -464 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 71 | 72 | -96 | -60 | -186 | 35 |
Net Cash Flow | 141 | -39 | -274 | 683 | 451 | 743 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 918 | 644 | 755 | 1,313 | 1,083 | 1,297 |
Free Cash Flow Growth | 6.37% | -14.70% | -42.50% | 21.24% | -16.50% | 63.56% |
Free Cash Flow Margin | 15.83% | 11.17% | 12.09% | 19.15% | 16.72% | 19.11% |
Free Cash Flow Per Share | 0.07 | 0.05 | 0.06 | 0.10 | 0.08 | 0.10 |
Levered Free Cash Flow | 940 | 734.88 | 557.25 | 1,202 | 694.5 | 1,009 |
Unlevered Free Cash Flow | 949.38 | 748.63 | 574.13 | 1,222 | 710.13 | 1,021 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 18 | 18 | 23 | 28 | 19 | 13 |
Cash Income Tax Paid | 433 | 433 | 368 | 443 | 419 | 395 |
Change in Working Capital | 91 | -242 | -333 | 137 | 44 | 141 |